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An important message from our Firefighters
An important message from our Firefighters

09 August 2024, 8:17 PM

IMPORTANT INFORMATION from Volunteer Fire BrigadesACCESS in an emergency - Not only do our appliances need 4mx4m to access your property, but we also need to be able to find you. Please ensure your property is clearly numbered, including RAPID numbers so that we can find you quickly and easily. If you live down a right of way, ensure your properties are clearly numbered, not just at the start of the right of way. These simple things don't only help us, but also help our colleagues, such as Ambulance, Police, and even water delivery trucks.Visit the link below for more information on how to safeguard your property.https://fireandemergency.nz/.../access-to-the-property.../The importance of smoke alarms – Did you know you can't smell smoke in your sleep, so unless you have working smoke alarms, you might not wake until it's too late. Be safe, not sorry. If you haven't checked your smoke alarms recently, do it now - it only takes a few minutes - or set a reminder to do it tonight. Did you know a house fire can kill you in less than three minutes?  In a fire, you'll probably be scared and disorientated. Toxic smoke might make it hard to breathe and see clearly.You will only have 1 or 2 minutes from the sounding of the smoke alarm to when your life is seriously threatened by fire or smoke.That's why it's essential to have an escape plan in place, to practice it regularly, and to know how to get to safety quickly.Build your escape planTo build your escape plan, we will ask you to think about: Smoke alarms in your homeWhat are your best and alternative ways outA safe place where everyone will meet.Head to this interactive website to Build your 3 step escape planDiscuss and practice your escape planEveryone who lives in the property needs to know the best ways out in the event of a fire. Make sure you all practice your escape plan every 3 - 6 months.There is alot of useful and informative resources and articles on the Fire and Emergency Website fo you to check out.

Power price warning for households as major users feel the crunch
Power price warning for households as major users feel the crunch

09 August 2024, 7:56 PM

Susan Edmunds, Money CorrespondentHouseholds could feel the impact of high wholesale prices in as little as two months' time, it has been warned.As RNZ reported earlier, wholesale power prices have doubled in the past three weeks, in part because of New Zealand's hydro lakes storage, which is at about 47 percent of what it would normally be at this time of year.Some major users say soaring power prices are putting their viability at risk and two timber mills say they are considering closing.Electric Kiwi last month stopped taking new customers because of the high prices.Speaking to Morning Report on Thursday, associate energy minister Shane Jones accused the big power companies of profiteering.Jones said advice was being sought on potential regulatory interventions and the Crown had options.Independent retailers have raised concerns the gentailers have too much market power because they generate the power and sell it to their retail arms.Paul Fuge, manager of power price comparison website Powerswitch, said there had not been an impact on residential power prices yet but it was only a matter of time."This is because most retailers are 'hedged', meaning they previously purchased enough electricity on the wholesale market when prices were lower, to meet the current needs of their residential customers."In response to the current high wholesale market prices some retailers have responded by withdrawing from the market, or being less willing to take on new customers, rather than immediately putting up their prices."However, this can't last forever. If high wholesale prices continue there will be ever increasing pressure building on retailers to increase their residential prices."Due to commercial sensitivity, we can't know how hedged each retailer actually is, so it's hard for us to tell exactly when, but we believe this residential price could increasingly start happening in around two or three months' time and into early next year as retailers existing hedges progressively run out, and they then need to purchase more on the wholesale market at higher rates."Electric Kiwi chief executive Luke Blincoe said residential prices would rise.Luke Blincoe of Electric Kiwi. Photo: RNZ/Nikki Mandow"There's no might about it, they absolutely will. They've been going up for a while, this is just a slow motion train wreck."New Zealand has walked into this situation by allowing this market power to suppress new build... It's great that politicians are now awake to the issue, it's going to affect all of New Zealand. We are only at the start of this really."He said retail price increases could run into double-digit percentages."At the end of the day, it's like a snake eating a pig, it has to flow through and come out… every single dollar of the wholesale market is ultimately absorbed by consumer."Ministry of Business, Innovation and Employment data shows residential power prices rose 6.4 percent in the year to March, after a 4.4 percent increase last year, 2.2 percent the year before and 8.7 percent in the March 2021 year.Fuge said the consumer's view was the ineffective competition had made prices increase more quickly than they otherwise would have."In real terms, residential prices today are around 35 percent higher than they were at the advent of the electricity retail market."While it is true that over the last five years prices have increased at a rate lower than inflation, this is primarily due to the regulatory constraints on the lines component of the bill - the energy component actually increased in this period."MBIE price monitoring data shows the unit price (real) of electricity in the period 2020-2024 reduced by around 5 percent. However, this was due to a 16 percent reduction in the lines component… The energy component actually increased by 3 percent."Blincoe said New Zealand had been aware of its over-reliance on gas since 2018.But he said more attention needed to be paid to why generation projects which had been consented had not been built.The gentailers were incentivised to defer new building to keep prices higher, he said."An extremely rapid build of renewables is what is required. We've got years to catch up on and we've been deferring it."This story was originally published by RNZ

Auckland Overnight Motorway Closures  11 – 16 August 2024
Auckland Overnight Motorway Closures 11 – 16 August 2024

09 August 2024, 2:15 AM

NZ Transport Agency Waka Kotahi advises of the following closures for motorway improvements. Work delayed by bad weather will be completed at the next available date, prior to Friday, 16 August 2024. Unless otherwise stated, closures start at 9pm and finish at 5am. Traffic management may be in place before the advertised closure times for the mainline.  NORTHERN MOTORWAY (SH1)Southbound lanes between Orewa off-ramp and Silverdale on-ramp, 14-15 AugustOrewa southbound on-ramp, 14-15 AugustMillwater southbound on-ramp, 14-15 AugustNorthbound lanes between Silverdale off-ramp and Orewa on-ramp, 14-15 August (approx. 10:00pm to 5:00am)Silverdale northbound on-ramp, 14-15 AugustSouthbound lanes between Silverdale off-ramp and Oteha Valley Road on-ramp, 11 AugustSilverdale southbound on-ramp, 11 AugustOnewa Road northbound off-ramp, 12-13 August (approx. 10:00pm to 5:00am)Stafford Road northbound off-ramp, 12-13 August (approx. 10:00pm to 5:00am)Curran Street northbound on-ramp, 12-13 AugustCENTRAL MOTORWAY JUNCTION (CMJ)Northbound lanes between Symonds Street off-ramp and Fanshawe Street on-ramp, 12-13 August (approx 10:00pm to 5:00am)Wellington Street northbound on-ramp, 12-13 AugustSH1 northbound to SH16 westbound link, 12-13 August (approx. 10:00pm to 5:00am)Eastbound lanes between Nelson Street (SH16) off-ramp and Fanshawe Street on-ramp, 12-13 August (approx 10:00pm to 5:00am)SH1 southbound to SH16 (Port) eastbound link, 14 August (approx. 10:00pm to 5:00am)SH16 eastbound to SH1 northbound link, 14 August (approx. 10:00pm to 5:00am)SH16 eastbound to SH1 southbound link, 14 August (approx. 10:00pm to 5:00am)Eastbound lanes between Wellesley Street East (SH1) off-ramp and Alten Road, 11 August (approx. 10:00pm to 5:00am)SH1 northbound to SH16 eastbound (Port) link,11 August (approx. 10:00pm to 5:00am)SH1 northbound to SH16 (Port) eastbound link, 15 August ((approx. 10:00pm to 5:00am)Wellesley Street East (SH1) eastbound off-ramp, 15 August (approx. 10:00pm to 5:00am)Eastbound lanes between Wellesley Street East (SH16) off-ramp and Alten Road, 11 August (approx. 10:00pm to 5:00am)Grafton Road eastbound on-ramp, 11 August (approx. 10:00pm to 5:00am)Grafton Road eastbound on-ramp, 12-13 August (approx. 10:00pm to 5:00am)Westbound lanes between Stanley Street off-ramp and Hobson Street on-ramp, 12-13 August (approx. 10:00pm to 5:00am)SH16 (Port) westbound to SH1 northbound link, 12-13 August (approx. 10:00pm to 5:00am)SH16 (Port) westbound to SH1 southbound link, 12-13 August (approx. 10:00pm to 5:00am)Wellesley Street East westbound on-ramp, 12 -13 AugustWestbound lanes between Stanley Street off-ramp and Great North Road on-ramp, 15 August (approx. 10:00pm to 5:00am)SH1 southbound to SH16 westbound link, 15 August (approx. 10:00pm to 5:00am)Hobson Street (SH16) westbound on-ramp, 15 AugustSH1 northbound to SH16 westbound link, 15 August (approx. 10:00pm to 5:00am)SH16 (Port) westbound to SH1 northbound link, 15 August (approx. 10:00pm to 5:00am)SH16 (Port) westbound to SH1 southbound link, 15 August (approx. 10:00pm to 5:00am)Wellesley Street East (SH1) westbound on-ramp, 15 AugustSOUTHERN MOTORWAY (SH1)Northbound lanes between Drury/SH22 off-ramp and Redoubt Road on-ramp, 14-15 August (approx. 10:00pm to 5:00am)SH1 northbound to SH20 northbound link, 14-15 August (approx. 10:00pm to 5:00am)Hill Road northbound on-ramp, 14-15 AugustTakanini northbound on-ramp, 14-15 AugustPapakura (loop) northbound on-ramp, 14-15 AugustPapakura (Diamond) northbound on-ramp, 14-15 AugustDrury/SH22 northbound on-ramp, 14-15 AugustSouthbound lanes between Takanini off-ramp and Drury/SH22 on-ramp, 11-15 August (approx. 9:30pm to 5:30am)Takanini southbound on-ramp, 11-15 August (approx. 9:00pm to 5:30am)Papakura (Diamond) southbound on-ramp, 11-15 AugustPapakura (Loop) southbound on-ramp, 11-15 AugustNorthbound lanes between Drury/SH22 off-ramp and Takanini on-ramp, 13 AugustPapakura (loop) northbound on-ramp, 13 AugustPapakura (Diamond) northbound on-ramp, 13 AugustDrury/SH22 northbound on-ramp, 13 AugustNorthbound lanes between Bombay off-ramp and Papakura on-ramp, 11-12 August (approx. 10:00pm to 5:00am)Papakura (loop) northbound on-ramp, 11-12Papakura (Diamond) northbound on-ramp, 11-12 AugustDrury/SH22 northbound on-ramp, 11-12 AugustRamarama northbound on-ramp, 11-12 AugustBombay northbound on-ramp, 11-12 AugustSouthbound lanes between Ramarama off-ramp and Bombay on-ramp, 11-12 AugustRamarama northbound on-ramp, 11-12 AugustHampton Downs northbound off-ramp, 15 AugustNORTHWESTERN MOTORWAY (SH16)Hobsonville Road southbound on-ramp, 11-15 AugustSH16 eastbound link to SH20 southbound link (Waterview southbound tunnel closed), 12-13 AugustGreat North Road eastbound off-ramp (Waterview southbound tunnel closed), 12-13 AugustEastbound lanes between Great North Road off-ramp and Grafton Road on-ramp, 14 August (approx. 10:00pm to 5:00am)Great North Road eastbound on-ramp, 14 AugustSt Lukes Road eastbound on-ramp, 14 AugustSH16 westbound link to SH20 southbound link (Waterview southbound tunnel closed), 12-13 AugustSH16 westbound to SH20 southbound link, 15 August (approx. 10:00pm to 5:00am)St Lukes Road westbound on-ramp, 15 AugustNewton Road westbound on-ramp, 15 AugustSOUTHWESTERN MOTORWAY (SH20) Northbound lanes between Maioro Street off-ramp and SH16 links (Waterview northbound tunnel closed), 14-15 AugustSH20 northbound to SH16 westbound link (Waterview northbound tunnel closed), 14-15 AugustSH20 northbound to SH16 eastbound link (Waterview northbound tunnel closed), 14-15 AugustMaioro Street northbound on-ramp (Waterview northbound tunnel closed), 14-15 AugustNeilson Street northbound off-ramp, 12-14 August (approx. 10:00pm to 05:00am)Rimu Road northbound on-ramp, 12-14 AugustCoronation Road northbound off-ramp, 15 August

Warkworth: Update on Watercare Proposed Pipeline Negotiations
Warkworth: Update on Watercare Proposed Pipeline Negotiations

08 August 2024, 4:00 AM

Update on Watercare Proposed Pipeline Negotiations: One Mahurangi is committed to helping every business in the Mahurangi region succeed and grow. To support our thriving community, we need to focus on important infrastructure projects, like the proposed wastewater pipeline in Warkworth. This project is crucial to handle our growing population and protect the environment.The Mahurangi River is a treasure for Warkworth and the wider region. It’s not just a popular spot for tourists but also supports many livelihoods. Keeping it clean and safe is a top priority for us all. A new pipeline is necessary to prevent pollution and protect the river’s future.Progress Report on Discussions with WatercareAs of 8th August, we’ve made good progress in our talks with Watercare regarding their proposed pipeline route and construction methods. While we know the pipeline is needed, our goal is to find a way to build it with as little disruption to Warkworth businesses and the environment as possible.Our engineers have been working hard on alternative plans that could achieve this. Next week, on the 14th of August, we have a crucial meeting with Watercare's engineers. We’re hopeful that this meeting will lead to a cooperative approach and a clearer timeline, which we’ll share with you as soon as possible.We understand that some disruption is unavoidable, but with cooperation and goodwill, we believe we can reduce its impact. One Mahurangi will keep pushing for the best outcomes for our business community and the environment in these discussions.Future Actions After our meeting with Watercare, we’ll provide a detailed update on what was discussed and what the next steps are. We’re committed to keeping you informed every step of the way.Together, we can find a solution that supports Warkworth’s growth and protects the natural beauty and health of our cherished Mahurangi River.Thank you for your continued support and involvement. As we always say, we are indeed Stronger Together.Murray ChapmanManager, One Mahurangi Business AssociationEmail: [email protected] read the full newsletter head here

Kaipara District Council votes to disestablish Māori ward
Kaipara District Council votes to disestablish Māori ward

07 August 2024, 6:50 PM

Kaipara District Council has voted to disestablish its Māori ward, becoming the first council to do so under new rules, in a tense council meeting.Councillors voted six to three in favour of disestablishing the Te Moananui o Kaipara Māori ward, with one abstention.An extraordinary council meeting deciding the fate of the council's Māori ward was attended by councillors, members of the public and at least 150 demonstrators at the council's Mangawhai office.Read more: What you need to know about Māori wardsTe Moananui o Kaipara Māori ward councillor Pera Paniora twice opened the council chamber doors allowing waiata and karanga from outside to flow inside, interrupting the meeting.A protest in Kaipara as Te Rūnanga o Ngāti Whātua served the Kaipara District Council with an injunction to stop a planned vote on Maori wards. Photo: RNZMayor Craig Jepson threatened to oust Paniora if her behaviour continued, under council's standing orders, and paused the meeting briefly.Paniora moved to postpone the vote pending consultation with iwi under section 81 of the Local Government Act, and said she had "had enough" of the council making decisions without seeking input from the segment of society it impacted.Fellow councillor Eryn Wilson-Collins told the meeting voting to scrap Māori wards without iwi input would be detrimental to ongoing relationships."It is not just Māori that are asking us to have the Māori wards. It is not just Māori who are asking us to live in a modern bicultural society," she said.Deputy Mayor Jonathan Larsen compared the scenes that played out as an example of "tribal warfare" and "civil unrest".Following the vote, Paniora delivered the news to crowds of supporters gathered outside. She said the council's decision to continue with the vote was illegal and in breach of its legal requirements under the Local Government Act.Pera Paniora addresses supporters in Mangawhai. Photo: Taiha Molyneux / RNZPaniora said they had begun legal action in the High Court."They will not be allowed to continue with their representation review, and unfortunately our ratepayers will have to bear the burden of challenging and defending the legal cost for those proceedings."In his closing speech, Jepson said the idea of a Māori ward was condescending to Māori."If you are the best candidate, no matter who your ancestors are, you will be elected. This is well-proven in the history of our nation's local and central government."To name a few, Mayor [Tania] Tapsell in Rotorua, Mayor [Tory] Whanau in Wellington and Moko Tepania in the Far North District Council - all Māori mayors. We have famous politicians - Winston Peters, Shane Jones and David Seymour - as leaders of our coalition government."Jepson said it harked back to something Martin Luther King said about wanting children to grow up in a nation free of discrimination."I think we live in a society right now where we actually value that."The establishment of Māori wards relied on a false narrative, he said.Iwi representatives perform a haka in support of Paniora. Photo: Taiha Molyneux / RNZ"That narrative breaches that Māori have no voice, are unfairly disadvantaged, are oppressed, suffer the continued effects of colonisation and systemic racism."Those of us who were not blessed with Māori ancestry should feel guilty for the past misdeeds of our ancestors. I am... a product of white privilege, I guess."Jepson said most Kiwis, no matter their culture, believed this - citing low turnout of Māori ward voters.Councils have until 6 September to decide whether to drop the wards. If they did not reach a decision, a binding referendum must be held alongside the election.Jepson had been called on to resign by iwi groups over his stance to remove the Te Moananui o Kaipara Māori ward.This story was originally published by RNZ

Way forward for Mangawhai Heads surf club and slip repair
Way forward for Mangawhai Heads surf club and slip repair

06 August 2024, 6:46 PM

Way forwd for Mangawhai Heads surf club and slip repairKaipara District Council and the Mangawhai Heads Volunteer Lifeguard Service have agreed a way forward to kickstart remediation and repair of the slip and surf club building.Extreme weather events in 2023 during Auckland Anniversary weekend caused a major landslip at Mangawhai Heads. The slip, which is on council land, also damaged the Mangawhai Heads Surf Club building. The surf club has remained closed since the slip, with the lifeguard service utilising temporary facilities.The cost to repair the slip has been estimated at around $1.9 million and no funding is available in the council’s future long term plan budgets. However, in late June 2024, Mangawhai Heads Volunteer Lifeguard Service received confirmation from Surf Life Saving New Zealand (SLSNZ) that external funding from central Government was available for the slip repair. The club’s insurance covers the cost of fixing the building.To get the repairs started as quickly as possible, Kaipara District Council and Mangawhai Heads Volunteer Lifeguard Service have signed a works agreement.At a council meeting in July, elected members gave direction to staff to start engaging with the community for the wider Mangawhai Heads reserve area, which could also include a lease on the reserve area for the surf club. Mangawhai Heads is subject to the Reserves Act 1977 and is one of many reserves covered under the Mangawhai Coastal and Harbour Reserves Management Plan (RMP).Kaipara District Council Mayor Craig Jepson was pleased that the progress reflected the desires of all the elected members to support the surf club and that he was relieved to have found a way forward that worked for everyone involved.“I love the surf club and the work they do, and I’m keenly conscious of how important they are to Mangawhai residents and visitors. I want to congratulate them and Surf Life Saving New Zealand for accessing this external funding, and getting the slip fixed without burdening our ratepayers. Getting a works agreement sorted now means they can crack on with repairs quickly and return to their normal premises.”Jess Costello, Chair of Mangawhai Heads Volunteer Lifeguard Service says that the club’s main priority in getting back into a permanent club is to enable its membership to continue saving lives.“Our number one focus is ensuring Mangawhai Heads is a safe beach for the public to visit. We are grateful for the support of Kaipara District Council, the Government, and SLSNZ for helping us to work towards getting back into a permanent base of operations.“The club’s current situation, operating out of temporary facilities, is unsustainable. Our goal is to get into a permanent building as soon as possible to maintain membership numbers and improve our rescue response times, and to continue our training, education, and junior surf programmes. The works agreement has provided much-needed certainty around the future of our club. We look forward to possible future improvements to the Mangawhai Heads Reserve that will benefit the community, heritage and environment,” she says.Surf Life Saving New Zealand CEO Steve Fisher says the signing of the works agreement demonstrates how multiple parties can work together to reach a positive outcome.“We are extremely grateful for the support of both the Government and the Kaipara District Council in getting the cogs moving to rebuild the clubrooms at Mangawhai Heads. Mangawhai Heads is an extremely popular beach, and it is vital that we have appropriate facilities to operate out of as we progress our vision: that no-one drowns on our beaches. We thank the Government for its funding support, and the Kaipara District Council for enabling a pathway forward for construction work to begin,” he says.Kaipara District Council Chief Executive Jason Marris says staff will continue to work closely with the surf club to progress the repairs and support them to remediate the slip and their building.“Our next steps will be to start engaging with the community on the future medium to long term use of the greater Mangawhai Heads reserve area.” 

Auckland Council - How we represent you: Have your say by 8 August
Auckland Council - How we represent you: Have your say by 8 August

05 August 2024, 7:44 PM

There is only a few days left to have your say, on Auckland Council's proposed changes to local board boundaries in our area. Don't know what that means for you? Find out here https://tinyurl.com/local-representationConsultation closes 4pm, Thursday 8 August.So far, 672 submissions have been received since public consultation started on 8 July.Lou-Ann Ballantyne, General Manager of Governance and Engagement, says the overall response suggests many people have yet to provide their views.She encourages Aucklanders who want more information to visit akhaveyoursay/represent to understand which areas are being considered for boundary, subdivision and representation changes to cater for growth and to better reflect communities of interest.“We’re hearing that people want to understand whether representation for their community will change. I encourage you to look at the interactive map viewer, listen to the recorded webinars online and read the initial proposal document," she says.“The consultation is a chance for Aucklanders to tell us what they like and don’t like about the changes being considered – we want to hear about any improvements that might be needed, by next Thursday.”Once consultation closes, hearings are set to take place from 2-3 September for those who wish to speak to their submission. Local boards will also have the opportunity to provide feedback.Councillor Julie Fairey says the review is a first step towards preparing for the 2025 elections.“All Aucklanders deserve a chance to give input on the elected member structure we will all vote on in 2025. How your local council representatives are elected matters, and you can check who your current reps are using our helpful online tool, which also tells you your ward councillors. Search for Find your local board (aucklandcouncil.govt.nz).”Once all feedback has been considered, the council will make any necessary changes and agree to a final proposal, which will be publicly notified in October.The Local Government Commission will consider further objections or appeals to the final proposal, before deciding whether to approve it or make any further changes by April 2025.Did you know...? Auckland Council has two complementary decision-making parts, the Governing Body, and local boards:The Governing BodyThe Governing Body looks after Auckland as a whole and takes care of regional matters that affect all of Auckland including regional strategies, policies and plans, bylaws, licensing and consent regulations, rates and local board funding, regional parks, rubbish and recycling.21 Local BoardsOur 21 local boards look after local communities and take care of the matters that are important to their local communities like local board plans, local libraries, parks, local events. They also provide input into regional strategies, policies, plans, and bylaws. Each local board has between five and nine members representing their area. What are wards? Auckland is divided into 13 wards. Each area is represented by councillors on regional issues for Governing Body decisions. The size of each ward is determined by population and the communities within them. Each ward must be fairly represented – by having an appropriate number of councillors for the number of people living there. There are 20 ward councillors.   What are subdivisions? Subdivisions are found in some local board areas. They help to ensure specific communities and all those people living within a local board area are adequately represented. Subdivisions are created by splitting the board area into smaller divisions that each have allocated representatives. What changes are being proposed? adjustments to central Auckland ward boundariesNorth Shore Ward is being extendedtwo new subdivisions to Rodney Local Boardsplitting Botany subdivision to provide better representation for Flat Bushexceptions to the fairness of representation rule for certain local boardsminor changes to some local board boundaries.  You can find more detail in the initial proposal.  HAVE YOUR SAY NOW

Why falling interest rates aren't good news for everyone
Why falling interest rates aren't good news for everyone

04 August 2024, 1:19 AM

Written by Susan Edmunds, Money Correspondent for RNZ NewsFalling interest rates are cause for celebration for borrowers - but they are less welcome for people with money in the bank.As expectations increase that the official cash rate will soon drop, term depositors are being warned to expect their returns to fall, too.According to Reserve Bank data, new term deposit rates for one-year deposits have risen from less than 1 percent in 2020 and 2021 to more than 5.5 percent.Longer terms have followed a similar trajectory, but rates have started to soften since the start of this year.Kiwibank recently cut some of its term deposit rates by between five and 20 basis points, taking the five-year rate for someone with $5000 to $9999 to 4.9 percent.Westpac reduced its 12-month rate by 20 basis points (bps) and its eight-month rate by 10bps, but increased its five-month by 20bps and its six month by 10bps.BNZ chief economist Mike Jones said people should expect term deposit rates would move roughly in line with the official cash rate and broader interest rate cycle.BNZ expects the rate OCR to move down in 25 basis point increments, taking it from 5.5 percent to 3.5 percent by the end of next year.But he said it was still unlikely that rates would drop as low as they were before the pandemic.Gareth Kiernan, chief forecaster at Infometrics, agreed."The expectation at this stage is we are in a higher inflation, higher interest rate environment than prevailed through the 2010s when you had inflation surprisingly low for a long period of time and it was almost like China was exporting deflation."Chris Tennent-Brown, a senior economist at ASB, said he expected all term deposit rates to drop below four percent over the course of 2025 and 2026."Savers need to trade off locking in the current rates versus their need for flexibility. There is also the tricky trade-off between locking in the higher short-term rates, versus the lower long-term rates. Many savers don't like locking in the longer terms, for all sorts of personal reasons. But based on our forecasts, the longer terms do have some appeal now, if our forecasts of lower rates over the next few years proves correct."But Jones said it was worth noting that although interest rates might fall, a return to lower inflation was good for savers."As inflation continues to come down, 'real' or inflation-adjusted term deposit rates will likely fall by less. And it's these rates that are probably more important for savers."Dean Anderson, founder of Kernel, said people should be able to get a better return from a conservative managed fund if there was a fixed interest allocation or exposure to bonds."In short - 'bonds are back' is the mantra. A couple of years ago, there was no interest in fixed interest/bond funds. Now, with yields higher and the potential for capital gain as rates fall, they are an attractive asset class. Interest moving out of term deposits can look at conservative funds, as well as bond funds."He said Kernel had launched target maturity bond funds in recent months."Investors and advisers often buy direct bonds, that they get a set income from and then matures and pays back capital. The other option was to buy a bond fund, but they never mature and are marked to market. We have two funds in our series, which will grow to a full suite of about five or six options soon, gives investors the best of both - a diversified fund that gives them PIE tax benefits, but the fund matures and pays back out the capital. We have a set quarterly distribution from these funds too - 1.5 cents per unit per quarter, which is roughly a 6 percent income yield."

Auckland overnight motorway closures 4 – 9 August 2024
Auckland overnight motorway closures 4 – 9 August 2024

03 August 2024, 2:39 AM

NZ Transport Agency Waka Kotahi advises of the following closures for motorway improvements. Work delayed by bad weather will be completed at the next available date, prior to Friday, 9 August 2024.Unless otherwise stated, closures start at 9pm and finish at 5am. Traffic management may be in place before the advertised closure times for the mainline.NORTHERN MOTORWAY (SH1)Southbound lanes between Silverdale off-ramp and Oteha Valley Road on-ramp, 4-5 & 8 AugustSilverdale southbound on-ramp, 4-5 & 8 AugustNorthbound lanes between Northcote Road off-ramp and Tristram Avenue on-ramp, 7-8 August (approx. 10:00pm to 5:00am)Northcote Road northbound on-ramp, 7-8 AugustCENTRAL MOTORWAY JUNCTION (CMJ)Southbound lanes between Fanshawe Street off-ramp and Hobson Street on-ramp, 4-6 August (approx. 10:00pm to 5:00am)SH1 southbound to SH16 eastbound (Port) link, 4-6 August (approx. 10:00pm to 5:00am)SH1 southbound to SH16 westbound link, 4-6 August (approx. 10:00pm to 5:00am)Eastbound lanes between Nelson Street (SH16) off-ramp and Grafton Road on-ramp, 4-6 AugustEastbound lanes between Wellesley Street East (SH1) off-ramp and Alten Road, 7-8 August (approx. 10:00pm to 5:00am)SH1 northbound to SH16 eastbound (Port) link, 7-8 August (approx. 10:00pm to 5:00am)Eastbound lanes between Wellesley Street East (SH16) off-ramp and Alten Road, 7-8 August (approx. 10:00pm to 5:00am)Grafton Road eastbound on-ramp, 7-8 August (approx. 10:00pm to 5:00am)SOUTHERN MOTORWAY (SH1)Northbound lanes between Manukau off-ramp and East Tamaki Road on-ramp, 6 August (approx. 10:00pm to 5:00am)Te Irirangi Drive northbound on-ramp, 6 AugustRedoubt Road northbound on-ramp, 6 AugustNorthbound lanes between Drury/SH22 off-ramp and Redoubt Road on-ramp, 7-8 August (approx. 10:00pm to 5:00am)SH1 northbound to SH20 northbound link, 7-8 August (approx. 10:00pm to 5:00am)Hill Road northbound on-ramp, 7-8 AugustTakanini northbound on-ramp, 7-8 AugustPapakura (Diamond) northbound on-ramp, 7-8 AugustPapakura (Loop) northbound on-ramp, 7-8 AugustDrury/SH22 northbound on-ramp, 7-8 AugustSouthbound lanes between Takanini off-ramp and Drury/SH22 on-ramp, 4-8 August (approx. 9:30pm to 5:30am)Takanini southbound on-ramp, 4-8 August (approx. 9:30pm to 5:30am)Papakura (Loop) southbound on-ramp, 4-8 August (approx. 9:30pm to 5:30am)Papakura (Diamond) southbound on-ramp, 4-8 August (approx. 9:30pm to 5:30am)Northbound lanes between Drury/SH22 off-ramp and Takanini on-ramp, 4-5 AugustPapakura (Diamond) northbound on-ramp, 4-5 AugustPapakura (Loop) northbound on-ramp, 4-5 AugustDrury/SH22 northbound on-ramp, 4-5 AugustNorthbound lanes between Drury/SH22 off-ramp and Papakura on-ramp, 6 AugustDrury/SH22 northbound on-ramp, 6 AugustSH1 southbound to SH2 eastbound link, 4 & 8 AugustNORTHWESTERN MOTORWAY (SH16)Southbound lanes between Foster Road and Trigg Road, 4 August (approx. 6:00pm to 6:00am)Northbound lanes between Trigg Road and Foster Road, 4 August (approx. 6:00pm to 6:00am)Southbound lanes between Foster Road and Trigg Road, 5-8 August (approx. 8:00pm to 5:00am)Northbound lanes between Trigg Road and Foster Road, 5-8 August (approx. 8:00pm to 5:00am)Hobsonville Road southbound on-ramp, 4-8 AugustSouthbound lanes between Lincoln Road off-ramp and Te Atatu Road on-ramp, 4 & 8 August (approx. 10:00pm to 5:00am)Lincoln Road southbound on-ramp, 4 & 8 AugustTe Atatu Road (Loop) southbound on-ramp, 4 & 8 AugustSouthbound lanes between Te Atatu Road off-ramp and Rosebank Road on-ramp, 5-6 AugustTe Atatu Road (Loop) southbound on-ramp, 5-6 AugustTe Atatu Road (Diamond) southbound on-ramp, 5-6 AugustSOUTHWESTERN MOTORWAY (SH20)Southbound lanes between Maioro Street off-ramp and Hillsborough Road on-ramp, 5 August (approx. 10:00pm to 5:00am)Maioro Street southbound on-ramp, 5 AugustDominion Road southbound on-ramp, 5 AugustSouthbound lanes between Hillsborough Road off-ramp and Neilson Street on-ramp, 4 AugustHillsborough Road southbound on-ramp, 4 AugustQueenstown Road southbound on-ramp, 4 AugustCoronation Road northbound off-ramp, 7 AugustSouthbound lanes between Lambie Drive off-ramp and SH1 links, 6 August (approx. 10:00pm to 5:00am)Lambie Drive southbound on-ramp, 6 AugustSH20 southbound to SH1 northbound link, 6 August (approx. 10:00pm to 5:00am)SH20 southbound to SH1 southbound link, 6 August (approx. 10:00pm to 5:00am)GEORGE BOLT MEMORIAL DRIVE (SH20A)Kirkbride Road southbound off-ramp, 7-8 August

Gulf Harbour body: Pair charged in relation to woman found dead in bag named
Gulf Harbour body: Pair charged in relation to woman found dead in bag named

02 August 2024, 8:27 PM

The two people charged in relation to a homicide investigation sparked by a body found in Auckland's Gulf Harbour in March, can now be named.They are Kaixiao Liu, 36, and Lanyue Xiao, 36.The pair were charged with offering an indignity to a dead human body after being stopped and arrested at the airport early last month.They were initially granted interim name suppression, but the judge had declined an application for continued name suppression at a subsequent call of the case.That application was also opposed by a lawyer acting for several media, Daniel Nilsson, who submitted that any reporting would be fair and accurate, that jurors would comply with what is expected of them and that there was a significant public interest in this case.The pair's names continued to be suppressed for some time as one of their lawyers, Angela Roebeck, intended to appeal that decision.Roebeck had argued that any publication of the names would prejudice the defendants' rights to a fair trial, considering the influence it would have on future jurors.At the time, defence lawyer Michael Kan had also argued that one of the defendants had not yet had a chance to inform their family members, who are believed to be in China.However, defence lawyer Michael Kan confirmed on Thursday that they are no longer seeking name suppression.The two defendants have been remanded until a case review hearing in September.Police at the scene in March after the discovery of the body off Gulf Harbour. Photo: RNZ / Nick MonroThis story was originally posted by RNZ News

Local Business News
Local Business News

01 August 2024, 9:09 PM

Here's your LOCAL BUSINESS NEWS - dont forget to shop local and support local. Get out of your comfort zone and try some new places!Snells Beach Four Square is still being built and off track a bit with their open, previously it was due to open October, looks like December now. But they are advertising for staff already. Check out their FB page for more details.Ascension Wine Estate which has been on the market for nearly two years has finally sold for an undisclosed amount and will soon be handed over to the Catholic Diocese of Auckland. The purchase price has not been disclosed, though the listing suggested a figure of $7.5 million.The diocese has plans to establish a new church and community centre on the 6.23-hectare property, located just outside Warkworth.There is a new business on the block in the small town of lights Kaiwaka. Kaiwaka Laundromat is up and running by the same owners as the Maungaturoto Laundromat. Open 24/7 - with state-of-the-art machines and eftpos/paywave/credit card facilities.Located on the main highway opposite Kaiwaka Cheese Shop an Eutopia Cafe at 1956 SH1, Kaiwaka. Here is their FB page. Chocolate Brown is back – previously closed awhile back it is now open again during weekdays 10am - 3pm selling chocolates, sweets and fudge. The café is NOT open. In the same premises 6 Mill Lane, Warkworth. https://www.facebook.com/chocolatebrownnzToast on Wood Street has recently opened in Mangawhai Heads, funnily enough located on Wood Street! They offer all sorts of goodies, not just gourmet tasty toasties…also coffee, poke bowls, soup, and even a range of house plants and other pretty things! Go get your Toast on today https://www.toastmangawhai.co.nz/  If you have other local business news you want featured email us at [email protected] us your stories, we want to tell them to our community.

Paris Olympics: Silver medallist Hayden Wilde got showdown he aimed for
Paris Olympics: Silver medallist Hayden Wilde got showdown he aimed for

31 July 2024, 8:47 PM

Dana Johannsen, in ParisHayden Wilde had hoped it would come down to this. Just him and his long-time friend and rival, Alex Yee of Great Britain, duking it out on the run leg on the picturesque streets around Paris for the Olympic triathlon title.He got the showdown he wanted. The result - a silver medal - he is happy to settle for, knowing he chanced his arm.For nine of the 10-kilometre final sprint leg, Wilde raced like a god. He spotted his opportunity early on the second leg, when Yee looked to be slowing up and taking the opportunity to recover, and made a bold surge.And he continued to surge, extending his gap over the Brit to 10, then 12, then 15 seconds. As the sun bore down on the central streets of Paris, illuminating its famous landmarks, Wilde looked to be cruising.Hayden Wilde in front near the end of the triathlon. Photo: Screenshot/BBCBut over the final kilometre, despite his best attempts to keep a "poker face", the heat, and the red-hot pace he set on the run, had clearly begun to catch up with him. Soon, Yee would too.Just 400m from the finish line alongside the gilded columns on the Pont Alexandre III, Yee summoned one last push to streak past the Kiwi. Wilde could not respond."I was just depleted. I was gone. I was done. I had nothing left and I just had to survive to get to the finish line," Wilde says of that moment Yee ran past him to snatch the gold from his grasp.Wilde crossed the finish line six seconds after Yee to claim New Zealand's second medal of the Olympic Games, following the Black Ferns Sevens historic victory at the Stade de France the previous night (Paris time).And when all was done, Wilde sat down beside the Brit, who had collapsed just beyond the line, and draped his arm over Yee's shoulder. Together they reflected on another chapter in their storied rivalry."It was actually really nice. Alex and I finally got the battle that we both deserved and there were no penalties. Both of us finished and it was just a clean, fair race for the both of us," says Wilde, referencing the contentious penalty at the Birmingham Commonwealth Games that ruined the sprint finish between the pair."It was just everything that we dreamed of - a foot battle for an Olympic gold medal. We go back eight years when we roomed together in Jersey for the Super League tri. To be together on the podium eight years later, it was something special."The pair also shared the podium at the Tokyo Olympics, where Yee claimed silver behind Norway's Kristian Blummenfelt, who could only manage 12th in Paris, and Wilde bronze.Gold medallist Britain's Alex Yee, centre, silver medallist New Zealand's Hayden Wilde, left, and bronze medallist France's Leo Bergere stand on the podium during the victory ceremony in Paris. Photo: AFP/ANNE-CHRISTINE POUJOULATYee pays tribute to KiwiYee later told a press conference that his long-running battles with Wilde in the years since Tokyo had driven them both to new levels.The clock told the story. Yee's final time for the run leg was an astonishing 29:47. The pair both averaged under three minutes per kilometre - all after completing a 1.5km swim and 40km bike ride."The level of our running at the moment is unfathomable," Yee said."It's amazing to be part of this level of short course and to be pushed by Hayden and to have those battles is something I'll relish forever, as much as winning a gold medal."'What he did out there was selfless'That Wilde was even in contention for the run leg was largely down to the efforts of teammate Dylan McCullough.Wilde got off to a rough start in the race, which was delayed a day due to bacteria levels in the Seine being deemed unsafe for swimming, emerging from the water one minute off the front group and 30 seconds back from Yee.The Seine swim leg presented a brutal challenge with the whirling currents adding an extra layer of fatigue to what is already one of the most physical of Olympic tests.Early in the bike leg Wilde found a few "allies" in the chase pack to get the deficit on the lead group, which included McCullough and Yee, to 30 seconds.Dylan McCullough Photo: OISNot wanting to risk Yee getting any further advantage, New Zealand coach Craig Kirkwood got a message to his young charge on the course. It came via the simplest of mediums - a white board. The message read: "drop back".McCullough obligingly sat up on his bike and drifted back to the group to give them a "tow" back to the main bunch.By the end of the bike leg, which took in some the city's most famous landmarks, including the Arc de Triomphe and the Champs-Elysees, the 19-man lead group had swelled to a mass of 32. McCullough had set the stage for an epic footrace between Wilde and Yee."I couldn't have asked for a better teammate," says Wilde."He's a first-time Olympian, he's obviously got his own ambitions and I don't want anyone to sacrifice their race for me. What he did out there was selfless. It was fantastic. That guy deserves the keys to New Zealand."This story was originally published by RNZ

Assaults against Auckland bus drivers on the rise
Assaults against Auckland bus drivers on the rise

29 July 2024, 6:40 PM

Blessen Tom, journalistLatest figures from Auckland Transport confirm that assaults against bus drivers appears to be climbing in New Zealand's largest city.According to data from AT, the number of assaults against drivers in the first six months of 2024 rose to 33, up from 21 over the same period a year earlier.Fifty-one assaults on drivers were logged with AT over 2023, with more than 120 cases of verbal abuse registered in that period.Twenty-four assaults on drivers were recorded by AT in 2022, ranging from minor to severe, as well as more than 50 accounts of verbal abuse.In the first six months of this year, 47 cases of verbal abuse were reported to AT, including five incidents of threats to harm or kill.In April, a man was charged with assault after punching and kicking a driver in the Auckland suburb of Ponsonby.Passengers have also been caught up in the violence on buses.On June 28, a 16-year-old student sustained severe facial injuries following an vicious attack by a passenger on an AT bus in East Auckland.Police later arrested a 39-year-old woman, describing the attack as a "hate-motivated crime".On Monday, an Auckland bus driver asked his dispatcher to call police after a woman boarded the bus and started using some racist slurs.Henry Liu, who was driving a route 70 bus from Britomart to Botany, said the incident left him "traumatised"."Police acknowledge that there have been some high-profile instances involving violence on buses, and at bus stations this year in Tāmaki Makaurau," said Scott Gemmell, director of Tāmaki Makaurau Partnerships.Gemmell told RNZ the public could help police by reporting violent incidents they witnessed by calling 111."This can help give police staff the time they need to deploy and hold offenders to account," he said.In response to the increasing reports of violence, AT said the plan to retrofit 80 percent of its bus fleet with transparent screens was still in progress.The organisation believed the screens would serve as barriers to protect drivers from potential attacks by passengers."There are now several prototype bus safety screens being tested on the bus network," said Rachel Cara, group manager of public transport operations at AT."This allows us and the operators to get feedback from drivers and identify any issues before large orders for more are placed," she said.Previously, AT said it would install screens on 33 buses in the city centre and South Auckland, but that number was expected to change."There is still an intent to get the 11 Citylink buses done, but the 22 South Auckland ones have been superseded by another agreement with Ritchies," Cara said.AT said that 40 percent of its buses would have screens protecting drivers by June 2025, with another 40 percent fitted in the next 12 months.Additionally, AT had been working towards adding more transport officers to increase deployment onboard buses and at public transport hubs across the network as well as extend the CCTV network to monitor high patronage bus stops.Cara said AT was working on community-centric engagement and targeted initiatives from agencies to assist in keeping the public transport network safe for all."As this is a societal issue, we need everyone's help to ensure these public places can be safe and feel safe for everyone," she said.This story was first published by RNZ

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